Automakers: Page 16
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Courtesy of WardsAuto
JLR-Backed Battery Recycle Project Wins Government Funding
Automaker’s sustainability projects aiming for net-zero-emission vehicle production by 2039.
By Paul Myles • July 29, 2025 -
Permission granted by Don Lee
Lucid files proxy with SEC for 1-for-10 reverse stock split
The move is intended to boost the electric automaker’s share price and make the stock more attractive to investors.
By Eric Walz • July 29, 2025 -
Explore the Trendline➔
Courtesy of Kia Corporation
TrendlineArtificial Intelligence
Automakers and dealers alike are increasingly seeing the use case for AI within their operations. Explore some use cases in this trendline.
By WardsAuto staff -
Courtesy of WardsAuto
Europe’s Automakers Cautiously Welcome U.S. Trade Deal
Auto tariffs are reduced from 27.5% to 15% in a draft deal agreed at Trump’s Scottish Turnberry golf club.
By Paul Myles • July 28, 2025 -
Andrew Harnik via Getty Images
US, EU agree to lower tariffs in ‘framework’ deal
Most imports from the bloc would face a 15% tariff under the pact, U.S. President Donald Trump and European Commission President Ursula von der Leyen announced Sunday.
By Phil Neuffer • July 27, 2025 -
Courtesy of Eric Walz
Hyundai reports record-high revenue of $35.2B in Q2
Despite the automaker’s record-setting revenue, its net income declined 22% year over year as a result higher incentives, the company said.
By Eric Walz • July 25, 2025 -
Courtesy of WardsAuto
Volkswagen Takes $1.5 Billion Hit From U.S. Tariffs
Auto group forced to trim full-year earnings forecast and “realign” its business model possibly focused on less U.S. trade.
By Paul Myles • July 25, 2025 -
Mario Tama via Getty Images
Volkswagen takes $1.5B hit from tariffs
The auto group was forced to trim its full-year earnings forecast and “realign” its business model, possibly focused on less U.S. trade, executives said.
By Paul Myles | WardsAuto • July 25, 2025 -
Courtesy of WardsAuto
Japanese, U.S. Automakers Split on Trade Deal
The agreement cuts tariffs on Japanese vehicle exports to the U.S. from 27.5% to 15% and includes no volume restrictions. A spokesman for the major U.S. automakers says the pact appears to be a “bad deal for U.S. industry and U.S. auto workers.”
By Keith Nuthall • July 25, 2025 -
Scott Olson via Getty Images
GM CFO looks to strategic pricing, costs to blunt $1.1B tariff impact
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.
By Grace Noto • July 25, 2025 -
Provided by Volvo Cars
Volvo Cars’ head of global design steps down
Jeremy Offer resigned to spend more time with family, according to the automaker.
By Larry Avila • July 25, 2025 -
Courtesy of Tesla Inc.
Tesla reports 42% YoY drop in operating income
The automaker’s Q2 sales fell 13.4% from a year ago as it faces growing competition in the global EV market.
By Eric Walz • July 24, 2025 -
Courtesy of WardsAuto
JLR Trims Managerial Jobs in U.K.
Automaker offers voluntary redundancy package to 500 managers as “part of normal business practice.”
By Paul Myles • July 24, 2025 -
Courtesy of Redwood Materials
GM, Redwood Materials sign deal to deploy energy-storage batteries
The partnership will create low-cost batteries to power AI data centers and other applications.
By Eric Walz • July 23, 2025 -
Provided by Volvo Cars
Volvo regionalizing global production to avoid tariffs
The move is part of the automaker’s strategy to rapidly boost profitability and adapt to a rapidly changing tariff-fueled business environment.
By Larry Avila • July 23, 2025 -
Tasos Katopodis via Getty Images
US, Japan reach deal on tariffs, market access
If finalized, the agreement would place a 15% duty on imports from Japan, including for cars and auto parts.
By Phil Neuffer • Updated July 24, 2025 -
Provided by General Motors
GM reports $1.1B profit loss in Q2
The automaker will turn to cost-cutting to mitigate the impact of higher import duties.
By David Kiley | WardsAuto • July 22, 2025 -
Provided by Nissan Motor Co.
Nissan ending production at Japan plant
The automaker is working to return to profitability by FY2026, which includes reducing its global production footprint from 17 to 10 plants.
By Larry Avila • July 21, 2025 -
Erik Gonzalez Garcia / iStock Editorial / Getty Images Plus via Getty Images
Nissan executive named CTO at grocery giant Ahold Delhaize
Jan Brecht previously served in leadership stints at Mercedes-Benz and Adidas.
By Roberto Torres • July 21, 2025 -
Courtesy of Stellantis
Stellantis names new North American dealer strategy leader
Jason Stoicevich returns to the automaker after departing a year ago and his return continues a wave of executive changes at the company.
By Larry Avila • July 18, 2025 -
Courtesy of Ford Motor Co.
Ford recalls 694K Bronco Sport, Escape SUVs for cracked fuel injectors
The issue can result in a gas leak on models equipped with 1.5L engines, which can lead to an underhood fire.
By Eric Walz • July 18, 2025 -
Courtesy of WardsAuto
Renault Appoints CFO as Interim Boss
British financial specialist Duncan Minto takes the helm as automaker looks for a permanent replacement for Luca de Meo.
By Paul Myles • July 17, 2025 -
Courtesy of WardsAuto
Automakers Save Billions With AI Spotting Vehicle Problems
Upstream claims AI employing data from the SDV could reduce potential recall costs up to 20%.
By Paul Myles • July 16, 2025 -
Courtesy of WardsAuto
Opinion
Industry Voices | Smarter Financing: Why Dealers Must Rethink How They Choose the Right Lenders
As lender programs grow more complex, relying on gut instinct or outdated methods in the F&I office can slash margins and sink deals.
By Phillip Battista • July 16, 2025 -
Courtesy of Ultium Cells LLC
GM’s Ultium Cells battery plant in Tennessee to add production of low-cost LFP cells
The automaker is targeting significant cost savings for EVs compared to its current high-nickel battery chemistries.
By Eric Walz • July 16, 2025 -
Provided by Volvo Cars
Volvo Cars takes $1.2B impairment charge
Ahead of reporting its Q2 earnings, the automaker cited U.S. tariffs and EV delays for the setback.
By Larry Avila • July 15, 2025
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